Reports Q4 revenue $18.55B, consensus $18.29B. Comparable sales for the quarter increased 0.2%. “Our results this quarter were once again better-than-expected, as we continue to gain traction with our Total Home strategic initiatives,” said Marvin Ellison, Lowe’s (LOW) chairman, president and CEO. “We remain confident in the long-term strength of the home improvement industry, and we are equally confident in our strategy to capitalize on the expected recovery. We are also pleased to award $80 million in discretionary bonuses to our frontline associates in recognition of their hard work and dedication to delivering excellent customer service.”
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